In order to acquire data on the number of LCD models that are in the different shops in different co

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Oct. 1, 2007 Volume 4, Issue 39
Requirements for improving performance/competency
It is important that in every quarter, each
individual go through his/her performance and
competency review and receive feedback from
his/her direct manager. Also, it is important
to develop a process to accumulated these result
systematically in HR system.
Speech from the CEO during his visit to CIS
region (Sept.19. 2007)
Yong Nam, CEO LG Electronics
Internal Business Terminology
Editors Note We have organized some of the
frequently used business terminology within LGE.
For the next couple of weeks, we will list 5
terms for your reference. If you would like
the total list of terms, please click HERE.
LGESP Conducts First International Design Forum
On Sept. 13th, LGESP conducted the first
International Design Forum in Brazil. Around 400
government officials, design specialists from
Korea/Japan/US/Brazil, and broadcast reporters
were in attendance. During this event, LGE
emphasized the importance of design in our lives
and the industry and enabled LGE to share the
many awards they have received in design
which was due to their increase in their
investment in design. Also, panels from diverse
fields made presentations on the changes in
design and design strategies. They then had an
open question and answer session with the
participants. C.B. Cho, President of LGESP
said, We have a top brand image in Brazil due to
our continual efforts in our design strategy. We
will continue to design new products to
strengthen our reputation of being a premium
brand in Brazil.
LGE Viewty Offers High-Quality Consumer Media
Experience
LG Electronics, Inc. and DivX, Inc. announced
their partnership to enable a high-quality
consumer media experience with the LG Viewty
(Model LG-KU990), a new 5.0 mega-pixel digital
camera phone available from LG Mobile. The LG
Viewty enables consumers to easily playback a
wide range of DivX files from the PC on the go
or output to a TV monitor without converting to
another format. Our aim is to provide the
highest quality images to users of the LG Viewty
and have made every effort to ensure
cutting-edge technology is applied to meet this
vision, said Skott Ahn, CEO of LG Electronics
Mobile Communications Company. Our partnership
with DivX and the Viewtys support for DivX
video is an important feature in creating a
state-of-the-art media experience for our
consumers. LG Viewty has undergone a rigorous
testing program as all the products that bear
the DivX Certified logo do to ensure a
high-quality DivX media experience, including
reliable video creation and playback,
interoperability with other DivX Certified
devices and the visual quality users expect from
DivX.LG Viewty will go on sale from mid-October
starting from Europe and on to other regions
Best Practice of Waste Elimination - Part ??
Cost Reduction of IFR Market Data
In order to acquire data on the number of LCD
models that are in the different shops in
different countries, the LCD TV Marketing Europe
Group would initially make contacts with IFR,
which is an institution that collects data on the
number of LGE models of LCDs in each shop as well
as the information on competitors. However, after
contacting the local employees, they realized
that the overseas subsidiaries were also
acquiring this data and that they were paying
much more for the data. In order to reduce the
cost, when it came to extend the contracts the
LCD TV Marketing Europe Group made a contract for
all of the regions instead of having each country
make a separate contract. They extended the
contracts from 6 markets to 25 markets. This not
only enabled them to reduce the subscription
costs but also enable them to extend their market
intelligence.
H.J. Jung (LCD TV Marketing Europe Group, DD
Company) said, While conducting my day to day
activities, I saw that many improvements could be
made. I also realized that the Waste Elimination
Activity is an ongoing process and that there is
always waste to be eliminated.
sunme_at_lge.com